Author: Kameshwar Rao
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India: Ferrous scrap prices exhibit mixed trends across locations
Ferrous scrap prices saw minor variations across regions on 31 Mar’22. In the northern region, especially Mandi Gobindgarh, marginal price correction was observed following changing semi-finished steel prices. In the Chennai market, prices remained supported on tight supplies. Scrap prices remained stable in other few locations on average procurement ahead of the fical year-end.